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Jun 20, 2013
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, the real economy, forget about the market economy. the real economy is supposed to be getting better. and he's indicated that there's a couple of different metrics that he's looking for. employment being one of those metrics. and he's not going to be doing anything until things do get better. at least he says materially what that means, we don't know. a number of analysts out there interpreting his words in very different ways. some of this quantitative easing could stop as early as september. others saying, by the way, this could go on into 2014. and by the way, if that happens, it could be after bernanke's term which, as i know you've talked about, may be over soon and may get handed off to the next guy. >> that's the key takeaway. if the fed pulls back, the economy may be okay enough to stand on its own two feet but it may not be good for markets because free money might end. real quickly, again for the viewer out there, the stock sell-off, but so do bonds and people sell gold. so are people just -- is this stuffing money under the
, the real economy, forget about the market economy. the real economy is supposed to be getting better. and he's indicated that there's a couple of different metrics that he's looking for. employment being one of those metrics. and he's not going to be doing anything until things do get better. at least he says materially what that means, we don't know. a number of analysts out there interpreting his words in very different ways. some of this quantitative easing could stop as early as...
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Jun 20, 2013
06/13
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last year brazil became the sixth largest economy in the world. but income and equality is a huge issue. about one in five people live below the poverty line. demonstrators are protesting in part against billions of dollars being funneled not into education or health care or other basic needs for the population, but into big spectacular events. into stadiums and if a sill advertise being built for brazil to host the world cup and the summer olympics. the cost to host the world cup is estimated to top $13 billion. the protests today around the stadium, this is brazil today a supposed day off from the protests. these have been incredibly dramatic. incredibly big protests. the main organizers say tomorrow is not the day off it will be the day to watch for when everybody should be expected to hit the streets. it's going to be a big news story tomorrow. watch it here. so what did you think of the house? it's got a great kitchen, but did you see the school rating? oh, you're right. hey babe, i got to go. bye daddy! ...but what about when my parents visi
last year brazil became the sixth largest economy in the world. but income and equality is a huge issue. about one in five people live below the poverty line. demonstrators are protesting in part against billions of dollars being funneled not into education or health care or other basic needs for the population, but into big spectacular events. into stadiums and if a sill advertise being built for brazil to host the world cup and the summer olympics. the cost to host the world cup is estimated...
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Jun 20, 2013
06/13
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, and what he said yesterday, perhaps what he didn't say, is that when the economy improves they'll be stepping away from that program. what we're seeing today is when you go off drugs, withdrawal is hard and these are the first stages of withdrawal. but they're not off the drugs completely and they won't be for a while. the other fear, tamron, is where is ben bernanke going and who will be his successor? everyone is expecting he will be stepping down in january. there's been so much money involved. how will it look when the government starts to unwind from its position in the u.s. markets and who will be the person that will be doing that? there are a lot of questions right now. >> it looks like the dow is on its way to having its worst day since april 15th. thank you, kayla. >>> dramatic day in boston where helicopters have been following nfl star aaron hernandez' every move. he's been questioned in connection with a homicide. police have not made him a suspect, we want to stress that, and no arrests have been made right now. the new england patriots' tight end spent part of the day
, and what he said yesterday, perhaps what he didn't say, is that when the economy improves they'll be stepping away from that program. what we're seeing today is when you go off drugs, withdrawal is hard and these are the first stages of withdrawal. but they're not off the drugs completely and they won't be for a while. the other fear, tamron, is where is ben bernanke going and who will be his successor? everyone is expecting he will be stepping down in january. there's been so much money...
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Jun 21, 2013
06/13
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. rescue workers have opened up a lot of dawn. ♪ they rely on it because it's tough on grease yet gentle. but even they'll tell you, dawn helps open... all: 3, 2, 1! [ male announcer ] ...something even bigger. this year, dawn is also donating $1 million to rescue efforts. go to facebook.com/dawnsaveswildlife. find out how the little things you do can make a big difference. >>> a half hour from now, president obama is going to be announcing the nomination of james comey to lead the fbi, best remembered in the debate over domestic surveillance, as acting attorney general under george w. bush. comey's reputation, though, is a fierce defender of the law, holds perhaps more relevance today as the nsa's once secret programs come under fire from republicans and democrats al
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. rescue workers have opened up a lot of dawn. ♪ they rely on it because it's tough on grease yet gentle. but even they'll tell you, dawn helps open... all: 3, 2, 1! [ male announcer ] ...something even...
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Jun 18, 2013
06/13
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the economy, immigration reform, national security, forget it. it the house of representatives wants to go back 40g years. -- 40 years. ♪ i've got the power >> one of the things you learn as president, you do have differing perspectives on problems. >> it is very easy to slip slide deeper and deeper. >> these programs have protected the u.s. and our allies from terrorist threats. >> the nsa cannot listen to your telephone calls. >> over 50 times of since 9/11. >> i don't pay a lot of attention to what barack obama says. >> i don't think we ought to be playing games. >> women have said you need to do something about these late term abortions. >> we have got to get serious. >> we're going to take that action today. >> what have you done for me lately? that's my job. i accept that.
the economy, immigration reform, national security, forget it. it the house of representatives wants to go back 40g years. -- 40 years. ♪ i've got the power >> one of the things you learn as president, you do have differing perspectives on problems. >> it is very easy to slip slide deeper and deeper. >> these programs have protected the u.s. and our allies from terrorist threats. >> the nsa cannot listen to your telephone calls. >> over 50 times of since 9/11....
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Jun 22, 2013
06/13
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that's the economy we live in. these people are forced out of being able to participate, because you'll pay this for your lifetime. when you think about the cost of the loan, what you lose in retirementings and savings and building up your equity, we're going to wipe out generations. we have to talk about social security too. >> we'll come back on this issue. and not only do you have the payday loan and the student loan, which apparently is going to go until you are 79 years old, but also, that mortgage crunch that you're in, wait until you hear these confessions from the bank employees, deliberately lying to you about that. ♪ i'm in my work van, having lunch, next minute i'm in the back of an ambulance having a heart attack. the emts gave me bayer aspirin. it helped save my life. i was in shape, fit. i did not see it coming. my doctor recommends i take bayer aspirin to help prevent another heart attack. [ male announcer ] aspirin is not appropriate for everyone so be sure to talk to your doctor before you begin
that's the economy we live in. these people are forced out of being able to participate, because you'll pay this for your lifetime. when you think about the cost of the loan, what you lose in retirementings and savings and building up your equity, we're going to wipe out generations. we have to talk about social security too. >> we'll come back on this issue. and not only do you have the payday loan and the student loan, which apparently is going to go until you are 79 years old, but...
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Jun 23, 2013
06/13
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how much volatility is ahead on the economy and what should washington do. >>> and the debate over spying. is the country still behind the nsa's programs? or does the president need to make a public case to keep it going? with us, 14 capitol hill voices. assistant democratic leader in the senate, dick durbin of illinois. top republican on the senate homeland security committee, key conservative voice on immigration, tom coburn of oklahoma. democratic congresswoman from california, loretta sanchez. the chairman of the house intelligence committee, republican congressman mike rogers of michigan. then our political roundtable on obama's rough patch. critical reviews of his trip to the g-8. and his efforts on syria. falling approval ratings. is his second term slipping away. >> announcer: from nbc news in washington, the world's longest-running television program, this is "meet the press." >>> good sunday morning. we've got breaking news we're following this morning. nsa leaker edward snowden is on the move. he has left hong kong, boarded a commercial flight to moscow a few hours ago. final d
how much volatility is ahead on the economy and what should washington do. >>> and the debate over spying. is the country still behind the nsa's programs? or does the president need to make a public case to keep it going? with us, 14 capitol hill voices. assistant democratic leader in the senate, dick durbin of illinois. top republican on the senate homeland security committee, key conservative voice on immigration, tom coburn of oklahoma. democratic congresswoman from california,...
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Jun 21, 2013
06/13
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it's everyday reinvesting for your personal economy. the ones getting involved and staying engaged. they're not afraid to question the path they're on. because the one question they never want to ask is "how did i end up here?" i started schwab for those people. people who want to take ownership of their investments, like they do in every other aspect of their lives. >>> people voicing spors for marriage equalitity and other issues. we have seen hillary clinton put out a video declaring her support. >> they are full and equal citizens and deserve the rights of citizenship. that includes marriage. >> that's the way most of us think these days. jason collins made the cover of sports illustrated when he came out as the first openly gay athlete playing in a sport. alen chairmans is one of the proponents for gay repairtive therapy. the idea that therapy can help turn a person straight. he posted an apology. he said i'm sorry that jouchl spent years working through the shame and guilt you felt when your attractions didn't change. he addressed members of the group itself to tell them it wa
it's everyday reinvesting for your personal economy. the ones getting involved and staying engaged. they're not afraid to question the path they're on. because the one question they never want to ask is "how did i end up here?" i started schwab for those people. people who want to take ownership of their investments, like they do in every other aspect of their lives. >>> people voicing spors for marriage equalitity and other issues. we have seen hillary clinton put out a...
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Jun 21, 2013
06/13
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where's the underlying growth in this economy? >> well, my question is where is the underlying growth in the world? is because one of the things that was moving the markets yesterday are these signs that the chinese economy is slowing. well, that's what we could always count on was that china was going to grow at 10% or 9% or 8% a year at minimum. and if there is underlying weakness in what is now the world's second largest economy and some day will be the largest, that ain't good for all the rest of us. europe is worse off than we are. so one understands why investors are nervous, and bernanke is saying, well, i think we're going to start siphoning off some of this froth. you know, kind of threw everybody off the cliff. >> some of the underlying growth over the last few years, you look at the enormous geographic pivot that's taken place in the united states that's allowed for greater energy exploration and production. whether you're a fan of fossil fuel or not, we can't deny this has created jobs. it's added to gdp, and frankly,
where's the underlying growth in this economy? >> well, my question is where is the underlying growth in the world? is because one of the things that was moving the markets yesterday are these signs that the chinese economy is slowing. well, that's what we could always count on was that china was going to grow at 10% or 9% or 8% a year at minimum. and if there is underlying weakness in what is now the world's second largest economy and some day will be the largest, that ain't good for all...
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Jun 21, 2013
06/13
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it's everyday reinvesting for your personal economy. what makes a sleep number what makes a sleep number store different? you walk into a conventional mattress store, it's really not about you. they say, "well, if you wanted a firm bed you can lie on one of those. if you want a soft bed you can lie on one of those." we provide the exact individualization that your body needs. welcome to the sleep number summer closeout. where you'll find great savings on the extraordinary sleep number bed, as we make room for our latest sleep innovations. this is your body there. you can see a little more pressure in the hips. take it up one notch. you get that moment where you go, "oh yeah" ... oh, yeah! and it's perfect. they had no idea that when they came to a sleep number store, we were going to diagnose their problems and help them sleep better. at our summer closeout, save $500 to $800 on the closeout of our memory foam and iseries bed sets. once you experience it, there's no going back. don't invest in a mattress until you find your sleep number
it's everyday reinvesting for your personal economy. what makes a sleep number what makes a sleep number store different? you walk into a conventional mattress store, it's really not about you. they say, "well, if you wanted a firm bed you can lie on one of those. if you want a soft bed you can lie on one of those." we provide the exact individualization that your body needs. welcome to the sleep number summer closeout. where you'll find great savings on the extraordinary sleep number...
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Jun 15, 2013
06/13
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the economy has been like contracting so they haven't had the same economic benefits. the country is becoming more brown, younger. the values are changing. gay rights, women are working. all of these things are happening and they're not quite sure what to do. i think it's going -- they're going to have to decide when they break from that old group and deal with the new america that's coming. >> i think the other thing -- i want to give credit to obama for getting things as far he has. but like you said it this is a lot about the changing demographic, the fact latino voters came out in such high numbers and force republicans to occasionally think about that fact. abd i think the other part of this that we sort of forget is that how important that d.r.e.a.m. ee d.r.e.a.m.ers. and others began sitting in obama's campaign offices and talk about foration and you're 0 a -- immigration rights were intimidated to do. young undocumented activists put this on the table it and i think that's something that makes this go-round with immigration really interesting. we're used to tal
the economy has been like contracting so they haven't had the same economic benefits. the country is becoming more brown, younger. the values are changing. gay rights, women are working. all of these things are happening and they're not quite sure what to do. i think it's going -- they're going to have to decide when they break from that old group and deal with the new america that's coming. >> i think the other thing -- i want to give credit to obama for getting things as far he has. but...
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Jun 19, 2013
06/13
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syria is sure to come up as well as the economy is going to be addressed, the global economy. so we'll be watching that news conference. dip back in if necessary and bring you all the details. john meacham is still with us from washington. here with us now this hour, former director of white house domestic policy council and ceo of melody barnes solutions, melody barnes. also with us, former foreign policy adviser to the bush administration and former adviser to the romney campaign, dan seymour back at the table. >>> i'll tell you that, first question is a tough one. you have the president announcing we're going to have peace talks with the taliban. a couple of hours later, the taliban attacks and kills four americans. then you have the president of afghanistan saying they're suspending talks with the u.s. obviously, afghanistan still a mess. the nsa, we're talking about the situation there. also, the top of the news, obesity is in play here, where it's now -- what do i understand? it is now being determined -- >> it's being labeled. >> is labeled a disease. >> a disease. >> h
syria is sure to come up as well as the economy is going to be addressed, the global economy. so we'll be watching that news conference. dip back in if necessary and bring you all the details. john meacham is still with us from washington. here with us now this hour, former director of white house domestic policy council and ceo of melody barnes solutions, melody barnes. also with us, former foreign policy adviser to the bush administration and former adviser to the romney campaign, dan seymour...
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Jun 22, 2013
06/13
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that helps the economy and creates jobs. it makes no sense. >> what was interesting you and your colleagues for the most part in terms of the democratic party said this went way too far. the republicans said it didn't go far enough. with that big of a divide did we expect dmanything to get throug? >> it's going to be tough. i know you talked about the immigration reform. i think there's an effort on the part of the republican leadership to try to pass an immigration reform bill. they are putting so many roadblocks in the way. in the house you may have read that they voted on an amendment. this was like a tea party right wing amendment that makes being in the united states a crime. another amendment that gets rid of the dreamers act that lets young people stay here and not be deported. then the speaker is saying he won't let the bill go to the floor unless it has a majority of the republicans which would include the tea party. we've got a long way to go. >> people arie looking to what happened to the farm bill. do you agree w
that helps the economy and creates jobs. it makes no sense. >> what was interesting you and your colleagues for the most part in terms of the democratic party said this went way too far. the republicans said it didn't go far enough. with that big of a divide did we expect dmanything to get throug? >> it's going to be tough. i know you talked about the immigration reform. i think there's an effort on the part of the republican leadership to try to pass an immigration reform bill....
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Jun 20, 2013
06/13
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because they have a much more optimistic view of the economy. here's a chart to give you a flavor for what the economists are looking at, which is projected monthly job growth. now, we know the economy is still not doing everything we want, but over the past year private economists have gone from predicting something like 140,000 jobs a month over the coming year and now predicting something like 187,000 jobs a month. >> that would be great. it's still below where we want to be. but the new normal is 130 to 140. if the new normal changes to 180, maybe week get over that. the 200,000 mark is what economists say time and time again if you want to keep things going in the right direction. you have to create at least 200,000 jobs. >> it feels like that number keeps going up. it used to keep trading water but now it moved up to 200,000. >> this is not great. we'll have high unemployment for another six to seven years, but the point is the outlook is getting better with the fed making projections yesterday. so bernanke is talking about reducing the bo
because they have a much more optimistic view of the economy. here's a chart to give you a flavor for what the economists are looking at, which is projected monthly job growth. now, we know the economy is still not doing everything we want, but over the past year private economists have gone from predicting something like 140,000 jobs a month over the coming year and now predicting something like 187,000 jobs a month. >> that would be great. it's still below where we want to be. but the...
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Jun 17, 2013
06/13
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>> on the economy it's pretty good. but there's a whole other part of discomfort, if you will, with some european leaders and it more has to do -- their reaction to president obama is just like any other politician's reaction to a politician that may not be as popular as they once were. president obama, the nsa things do not play well over here. there has been a frustration by some on the left in europe that president obama hasn't addressed the issue of climate change more aggressively. that's always been a much more important issue to europeans than it ever has been in the united states. and you sort of take all of that into account and so there certainly is -- you know, the shine has worn off. two years ago when president obama would come over here, you know, you know, figuratively throwing rose pe petals at his feet. he still has a huge audience a few hours ago in belfast for a speech he gave that was addressing northern ireland youth. he's going to get a huge number of people at the brandenburg gate when he makes th
>> on the economy it's pretty good. but there's a whole other part of discomfort, if you will, with some european leaders and it more has to do -- their reaction to president obama is just like any other politician's reaction to a politician that may not be as popular as they once were. president obama, the nsa things do not play well over here. there has been a frustration by some on the left in europe that president obama hasn't addressed the issue of climate change more aggressively....
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Jun 15, 2013
06/13
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. >> when women participate in the economy, everyone benefits. this also should be a no brainer. when women participate in peace making and peace keeping, we are all safer and more security secure. and when women participate in politics, the effect ripples out through society. >> does she look and sound like a candidate? >> yes. she is running for president, i'll make a bet on that right now. maybe $10. i can afford $10. she's running for president. who better to speak to those issues that are impacting american families than an out feminist. talking about the war on women all the time. there is an attack on our rights. and i'm looking to hillary to speak to those issues. >> bock, when you saw her this week in chicago, did you think that was a president in training or what? >> well, i think both of them were, i mean, to me, the head line of this conference is not the appearance by hillary clinton much she's after all married to the guy running it, but you couldn't say that about chris christie and there you had them, he and mr. bill sitting there and they had like a 40-minute con
. >> when women participate in the economy, everyone benefits. this also should be a no brainer. when women participate in peace making and peace keeping, we are all safer and more security secure. and when women participate in politics, the effect ripples out through society. >> does she look and sound like a candidate? >> yes. she is running for president, i'll make a bet on that right now. maybe $10. i can afford $10. she's running for president. who better to speak to...